Zaya Real Estate Development L.L.C is a boutique developer that was established in the UAE in February 2008. The development company specializes in delivering luxury real estate to its customers and focuses on the creativity process during the construction of homes.
Zaya Development is a UAE-based development company that specializes in elite real estate. The company is a combined venture between Assoc LLC and Tasameem Real Estate, with a collective portfolio, of which constitutes over USD 9B.
The organization works in different segments starting from education, to luxury homes and hotels, with one of the projects by Zaya Development in the sphere of education is Zaya Early Learning. The development company strives to construct its projects in harmony with the earth, life and people.
The first project of Zaya Development was a private island called Nurai, which was introduced in May 2008. The well-known island is located just a short 15 minute boat ride off the emirate of Abu Dhabi and includes a boutique hotel, five food and beverage outlets, a world-class oceanside spa, a beachclub and 65 luxury beachfront villas with 4, 5, 6 and 7 bedrooms. Guests can enjoy a dedicated butler service in villas, as well as the Thai massage treatment room, 6 stand alone treatment pavilions, and sauna and fitness facilities in the award-winning Nurai Spa.
The isolated island is situated a 10-minute boat ride from Saadiyat Island and is easily accessible through the primary travel ports in the UAE. The starting price for a 4-bedroom waterfront villa with 6 bathrooms constitutes AED 25M (USD 6.8M). The rental price for this type of villa starts from AED 1.4M (USD 392K) per annum, therefore the estimated ROI will be at level 5–6%.
Nurai Island is situated in the North-East of the capital of the UAE. Due to its exotic location, the villas can only be reached by boat or helicopters. There is a pier at Saadiyat Island where you can go to and from the villas.
Till date, Zaya Development has delivered only several projects, but they have all become very popular in the region. These include Nurai Island, Zaya Hameni Residences and Zaya Hotel Living Al Barari.
The development Zaya Hameni Residences features studios, 1, 2, 3 and 4-bedroom apartments, as well as duplexes with 2 and 3 bedrooms. The starting price for a residence with one bedroom in the complex constitutes AED 735,000 (USD 200,000). The 31-floor building of Zaya Hameni Residences has an advantageous location in the sought-after area of Jumeirah Village Circle (JVC) in the emirate of Dubai, and residents of the complex can enjoy gorgeous views of Dubai Marina. Every residence has easy access to the outdoor terraces which are surrounded by greenery. The rental price for a 1-bedroom apartment in Zaya Hameni Residences starts from AED 58,000 (USD 15,800) per annum. Therefore, the estimated ROI will be at 7–8%.
Another well-known project of Zaya Development is Zaya Hotel Living Al Barari, which is a luxury project with fully-furnished apartments in the popular Al Barari neighbourhood. The complex offers a range of residences with 1, 2, 3 and 4 bedrooms and penthouses with 2 bedrooms with access to their own private elevators. Amenities and facilities around the luxury development include an award-winning spa, a fitness center, Al Barari’s magical gardens and much more.
How Can We Help?
Specialists at Metropolitan Capital Real Estate will help you to choose and purchase real estate directly from the Zaya Development company. Buying off-plan property is a profitable investment because it is available at a much lower price than ready to move-in real estate and the owner can resell it on more favourable terms. Our company also provides a property management service, which helps investors to create a long-term income in the future.